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RAY "B"

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the CONGER (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281797District 08Field 20097700CondensateGasSaveExport
Value, all time
$117 k
Jan 2017 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
113
no gaps in the span
Streams
2
condensate, gas

The CONGER (PENN) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,011 leases and 1,988 wells, and the rule below applies to all of them.

Discovered
1978-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-04-29.

The Commission's schedule remark for this field reads: “OPTIONAL 40ACRE UNIT DIAG. 2100 PER #8-84810”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition68 bbl$4,430
GasProduction32,831 Mcf$112,904
Total$117,334

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.7956, -101.2359. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79558, -101.23588 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,450 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,450 ft.

Completions filed
Jun 1993
1 of 1 wells

1 well

42-431326296038,450 ftJun 1993——

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (113)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

113 months

May 20260175106.413.05$533
Apr 2026022598.932.87$646
Mar 2026027089.753.15$850
Feb 2026024563.503.75$919
Jan 2026028959.138.00$2,311
Dec 2025030956.664.41$1,364
Nov 2025021758.593.93$852
Oct 2025023459.383.30$773
Sep 2025023562.743.08$723
Aug 2025022763.933.01$684
Jul 2025019866.743.32$656
Jun 2025019166.483.13$598
May 2025023960.553.23$773
Apr 2025026262.363.54$928
Mar 2025029167.704.27$1,242
Feb 2025024370.884.34$1,055
Jan 2025029674.324.28$1,266
Dec 2024027668.993.12$862
Nov 2024039969.052.20$877
Oct 2024026371.372.28$600
Sep 2024025369.612.36$598
Aug 2024024975.632.06$514
Jul 2024027879.932.15$597
Jun 2024028278.082.63$743
May 2024025078.812.20$550
Apr 202408584.451.66$141
Mar 2024025480.301.55$392
Feb 2024024176.091.78$430
Jan 2024024573.023.30$808
Dec 2023024871.262.61$647
Nov 2023024477.892.81$685
Oct 2023023285.443.09$716
Sep 2023021789.042.74$594
Aug 2023023980.522.67$639
Jul 2023026174.852.64$690
Jun 2023026268.962.26$592
May 2023032070.622.23$713
Apr 2023035478.122.24$792
Mar 2023033072.852.39$790
Feb 2023026775.112.47$658
Jan 2023039176.533.39$1,325
Dec 2022039376.415.73$2,252
Nov 2022035885.005.65$2,021
Oct 2022039387.185.86$2,304
Sep 2022036084.888.16$2,939
Aug 2022030194.529.13$2,747
Jul 20220254101.587.54$1,916
Jun 20220261115.097.98$2,082
May 20220253109.378.43$2,134
Apr 20220223104.226.84$1,525
Mar 20220251108.885.08$1,274
Feb 2022019591.054.86$947
Jan 2022036181.844.54$1,638
Dec 2021028771.323.90$1,119
Nov 2021032477.435.24$1,697
Oct 2021031379.795.71$1,788
Sep 2021026169.865.35$1,397
Aug 2021025766.024.22$1,085
Jul 2021027670.783.98$1,099
Jun 2021030369.493.38$1,024
May 2021029563.483.02$890
Apr 2021031160.362.76$858
Mar 2021032261.302.72$875
Feb 2021022657.805.55$1,254
Jan 2021029750.412.81$835
Dec 2020030344.642.68$811
Nov 2020029638.772.71$801
Oct 2020028636.972.48$709
Sep 2020029737.091.99$591
Aug 2020033539.982.39$799
Jul 2020021738.371.83$396
Jun 2020037034.901.69$625
May 20200016.921.81$0
Apr 2020010014.751.80$180
Mar 2020030630.341.86$568
Feb 2020028849.881.98$570
Jan 2020033557.252.09$702
Dec 2019034159.012.30$786
Nov 2019030755.302.75$844
Oct 2019030953.472.42$747
Sep 2019027955.052.66$741
Aug 2019025653.112.30$590
Jul 2019032956.272.46$809
Jun 2019032652.782.49$812
May 2019034158.482.74$934
Apr 2019031662.632.75$869
Mar 2019033156.803.06$1,014
Feb 2019029850.852.79$832
Jan 2019033346.033.23$1,075
Dec 2018034146.594.19$1,427
Nov 2018035252.934.24$1,492
Oct 2018035561.443.40$1,206
Sep 2018032759.543.11$1,016
Aug 2018030859.403.07$945
Jul 20186827065.142.93$5,221
Jun 2018033860.183.08$1,040
May 2018038265.382.90$1,108
Apr 2018036263.842.90$1,050
Mar 2018038561.222.79$1,073
Feb 2018034361.782.77$949
Jan 2018038562.874.01$1,544
Dec 2017037657.272.92$1,098
Nov 2017037355.423.12$1,163
Oct 2017040049.292.98$1,193
Sep 2017035647.523.09$1,099
Aug 2017035945.373.00$1,079
Jul 2017036743.873.09$1,133
Jun 2017037342.493.09$1,152
May 2017038745.373.26$1,263
Apr 2017037147.933.21$1,192
Mar 2017039546.772.98$1,179
Feb 2017036650.452.95$1,081
Jan 20170049.413.42$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  175 Mcf  × $  3.05 =       $533

────────────────────────────────────────────────────
Month total                                     $533

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/G/281797 is the state's own key, not one this site invented.